[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/07/13/art.palin.gi.jpg caption="Sarah Palin's political action committee, SarahPAC, has raised close to $730,000 since the beginning of 2009."](CNN) - Just over a week after announcing her intention to resign as governor of Alaska, Sarah Palin's political action committee reports raising close to $730,000 in the first six months of the year.
According to a report filed with the Federal Elections Commission Monday, SarahPAC raked in $732,867 from the beginning of the year through June 30. The former GOP vice presidential candidate's PAC further reported more than $450,000 cash on hand with no debts owed.
The FEC report shows the majority of contributions, $420,000, has come from donations of under $200. By law, the PAC does not have to identify those contributors. More than 700 individuals meanwhile gave over $200 to the committee.
But Palin, who has pledged to spend her days out of the governor's office supporting conservative candidates, has yet to dig deep into the coffers for many candidates.
According to the report, the PAC has only made two political contributions this year: $5,000 to John McCain's Senate reelection bid and $5,000 to Alaska Sen. Lisa Murkowski's effort.
Palin's largest expenditure, just over $100,000, was to Virginia fundraising firm Edonation.com.